30-year-old Marquis Antonio Simmons allegedly stole a company gas card from the Five Star Automotive Group in Macon and made a Facebook post offering to use the card to pay for his friends' gas if they paid him half the cost. View More

Former Everglades City Mayor Sammy Hamilton Jr. was arrested Monday morning on one charge of grand theft and 16 counts of official misconduct, according to the Florida Department of Law Enforcement. View More

An insurance agency owner in Florida has been arrested after he admitted to stealing more than $60,000 in insurance premiums, according to a statement from the Florida Department of Financial Services (DFS). View More

Former Jacksonville Jaguars NFL player and assistant coach Marlon Tarron McCree has been arrested for insurance fraud totaling nearly $78,000, according to a statement from Florida Chief Financial Officer (CFO) Jimmy Patronis. View More

Three additional people have been arrested for their various roles in an arson-for-profit scheme that took place over 7 years in three Florida counties, according to a statement from Chief Financial Officer (CFO) and State Fire Marshal Jimmy Patronis. View More

Carlos Luis Hernandez Diaz had no clue that undercover cops were watching as he filled up his gold 2004 Ford Excursion with just under $100 worth of fuel at an Exxon gas station on LeJeune Road. View More

Tucked in the corner of Concourse F at Miami International Airport, the Club America Lounge bills itself as an escape from the common throng, with elevated status secured for a mere $40 entry fee. View More

Editor's Note: A previous version of this story contained factual errors, which were attributed to the Miami Herald, citing law enforcement. The Herald has since corrected its original information. View More

A 37-year-old man robbed a bank wearing panty hose and a fake beard on Thursday, then had dye packs explode in his car while leading deputies on a high-speed pursuit that ended in a multi-vehicle pileup on U.S. 19, according to the Pinellas County Sheriff’s Office. View More

A 75-year-old man accused of robbing an Orange Park bank of $1,760 Monday morning only made it a short distance before he was stopped on Interstate 10 and arrested, according to the arrest report. View More

The impoverished mom steals her neighbor’s credit card to buy groceries. The owner of a struggling auto repair shop jiggers the books to pay less taxes. A drug addict pawns a stolen lawn mower to feed his habit. View More

A seatbelt violation led Louisiana State Police to arrest members of a group of South Florida gang, as well as uncover a plethora of stolen bounty that included everything from marijuana, cash and stolen credit cards to 14 women’s wigs in various styles and colors… View More

In this week’s Financial Crime Wave, a look at how artificial intelligence, the blockchain and anti-money laundering can unite to save the world, the U.S. Treasury releases long-awaited guidance, support for fintech space, with a side of cybersecurity, Danske Bank’s compliance struggles land it before Parliament, and more. View More

Luis Hernandez-Gonzalez ran a Miami indoor gardening supply store favored by marijuana growers from across the nation — some legal, some not. They bought light bulbs, fans and fertilizers with names such as "Bud Candy" and "Big Bud." View More

The Brevard County Sheriff’s Office Economic Crimes Task Force has culminated an investigation into the allegations of fraudulent activities with the arrest of 65-year-old John Franklin Tice of 67 Stevenson Street, West Melbourne. View More

Allstate Insurance Company officials are looking into alleged irregularities regarding one of its employees arrested Thursday for forging documents that state one of its customers was going to gift the employee cash to open his own business. View More

She was a helpful financial adviser who visited their homes for business. So when Rebeca Gonzalez sold elderly investors on the idea of a cutting-edge fish farm, they didn’t hesitate and collectively invested nearly $500,000, authorities said. View More

The Martin County Sheriff's Office (MCSO) wants local banks and businesses to be aware of a possible fraudulent check cashing ring out of Dade and Broward County that may be currently targeting businesses in Martin County. View More

A teller at Citizens Bank told police she recognized a man wanted for making fraudulent transactions across New England after reading a company memo out of Rhode Island. Salem police said they responded Tuesday at 2 p.m. to 45 South Broadway after receiving a call about the man, who was trying to withdraw $6,000 in cash by using an identification with his photo but someone else’s information. View More

A Palm Beach bank teller has been arrested after police said thousands of dollars went missing from the vault at Valley National Bank, prompting a lengthy investigation that revealed the teller’s dwindling bank accounts, costly gambling habits and an attempt to swindle his workplace out of more than $60,000. View More

Florida police have arrested a 25-year-old named Ricky Joseph Handschumacher. The young man is suspected of grand theft and money laundering. Handschumacher used SIM swapping techniques to steal thousands in Bitcoin and to “drain bank accounts,” according to security researcher Brian Krebs. View More

Yaisder Herrera Gargallo and Meylisi Rueda seemed like a normal couple, enjoying a vacation and spending lots of money on small luxuries in Portland, Me., more than 1,300 miles from their Miami home. But the credit cards they and others in their visiting group were using to live the good life did not belong to them. View More

Karen and Lindsay Leveen of Sausalito had been victims of bank fraud once before. So when they found almost $2,000 missing from their checking account, they thought it happened again. The real shock? Finding out who actually took their money. View More

Before this week, William James Tierney II was a mostly forgotten peripheral figure in Arizona politics, a relic from the 1990s who had failed to make a mark among the state’s Republican operatives. View More

Fyre Festival founder and confessed scammer Billy McFarland has been charged with new criminal counts of wire fraud and money laundering as part of an alleged scheme to sell fake tickets to Fyre Festival attendees. View More

A Newport Beach couple pleaded not guilty Thursday to felony charges stemming from allegations that they stole more than $5.9 million in a real estate fraud scheme and laundered the money to buy a luxury car and invest in a winery.
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A man who was convicted of workers' compensation fraud in 2012 has now been charged in connection with a $500 million fraudulent check-cashing enterprise that helped contractors pay workers in cash and avoid compensation costs. View More

The Delaware Division of Revenue would like to alert taxpayers to a new and growing scam involving fraudulent tax refunds being deposited into real taxpayer bank accounts. After the money is deposited, the crooks use various tactics to con taxpayers into turning over those funds.
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Roseville real estate developer and fast-food entrepreneur Abe Alizadeh, his career in tatters for a decade, pleaded guilty to fraud charges Friday in connection with a $22 million real estate scheme. View More

Fraud and scams cost Americans more than $1.6 billion last year. According to a report from the Federal Trade Commission (FTC), there were more than 2 million cases of fraud in 2013, down slightly from the previous year. View More

Longtime developer Joseph L. Capano Sr. promised buyers that he would build hundreds of high-end homes in the Riverbend community in south New Castle. Instead, years later, the community sits nearly empty, with a dried-out pool, unfinished clubhouse and entrance road that appears to be sinking into the marshy wetlands. View More

A Quakertown school director says he will step down if the Bucks County district attorney determines that his criminal convictions from as many as 25 years ago would make it inappropriate for him to serve in public office. View More

Oregon's top federal prosecutor has charged nine people with financial and drug crimes in what he says was a scheme to defraud banks and then use proceeds to grow and sell marijuana, including on the black market in California and Illinois. View More

An obscure government database of suspicious financial activity was thrust into the spotlight Wednesday when the New Yorker’s Ronan Farrow reported that key information on Michael Cohen, President Donald Trump’s personal attorney, is missing from the system. View More

Delaware State Police arrested a Lewes business owner after applications for medical marijuana were submitted at Delaware Holistic Medicine, formerly known as Disjointed. The business is located in Lewes. View More

Four former executives for the only financial institution to be criminally charged in connection with the federal bank bailout program are asking a judge to overturn their fraud and conspiracy convictions. View More

In numerous publications in the last few weeks, various headlines arose noting that “the state of Delaware (Secretary of State Jeffrey Bullock) supports HR 6403, a current US congressional Bill titled Counter Terrorism and Illicit Finance Act as the best way of ensuring that criminals, terrorists, and kleptocrats can no longer set up anonymous shell companies in the United States”. View More

A Valley Township employee has been arrested after the Chester County District Attorney’s office said she embezzled more than a quarter of a million dollars from the township, and used the money to go on a shopping spree. View More

Relatives of Edmund and Margareta Berg were shocked to learn, a little more than a year ago, that the court-appointed guardian handling the Fox Chase couple’s finances had a record of fraud, bad checks, and forgery. View More

A former employee of the William Penn School District allegedly stole more than $210,000 from the bank accounts for her fellow district employees’ union to support her gambling habit, according to criminal charges filed this week in district court. View More

Former Cleburne ISD Administrative Secretary Tami Renee Murphy pleaded guilty to charges of fraudulent use/possession of identification information and forgery of a financial instrument on April 4 in the 18th District Court, according to court records. View More

A Wichita Falls, Tex., man has been arrested on theft charges in a case that encompasses more than 10 counties in Texas and Oklahoma, 8,000 head of cattle and outstanding loans of more than $5.8 million. View More

A grand jury indicted a doctor with practices in Delaware, Maryland, New Jersey and Pennsylvania on allegations he committed bank fraud, according to the U.S. Attorney's Office in the District of Delaware. View More

A Colorado lawyer pleaded guilty Tuesday to conspiring with a half-dozen others in the $20 million, Connecticut-based stock swindle that sent former Hartford attorney and City Councilor Corey Brinson to prison a year ago. View More

A 36-year-old Lowell man is charged with armed robbery of a bank while masked and other felonies after robbing a bank on Route 6 of significant funds Monday just before 5 p.m., police and a town official said.
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Authorities this week arrested a man accused of preparing fraudulent income tax returns at a Modesto accounting firm without his clients' knowledge or consent, the U.S. Attorney's Office in Sacramento announced Thursday. View More

A man accused of trying to kill someone with a 2X4 in Vermont, robbing a Massachusetts bank and fleeing in a stolen truck earlier this month has been arrested as a fugitive at Mohegan Sun in Connecticut. View More

The former operations manager of a Norwalk pediatric practice was charged with larceny and multiple counts of credit card fraud and identity theft after an audit showed a $15,000 discrepancy in the books, police said. View More

A Manalapan man already facing charges of stealing $386,000 from TD Bank in New Jersey and four other states is now facing similar federal offenses after prosecutors accused him of scamming the same bank out of more than $530,000, authorities said Wednesday. View More

UConn police say a Georgia woman stole $773,079 in university payments intended for Dell Computers and laundered the money through her personal bank account. Her lawyer counters that she was “duped.” View More

A 27-year-old Greenwich woman was arrested by Darien police last week after she fraudulently tried to access the $200,000 Wells Fargo Bank account of a man she met by pretending to be his step-daughter, according to authorities. View More

U.S. authorities on Friday unveiled criminal charges against two men accused of helping operate a hedge fund as a Ponzi scheme and of swindling investors in a ticket-reselling business for popular events, including the smash Broadway musical “Hamilton.” View More

When federal authorities investigated whether former finance director David Bertnagel embezzled more than $800,000 from federal aid intended for the town, he claimed he was merely drawing down his pension ahead of time, prosecutors said. View More

A woman misplaced her wallet at 11 a.m. Feb. 25 at Panera Bread, 2500 N. Mayfair Road. Several of her credit cards were used to make $11,903 in purchases. Also in the vicinity, a man was arrested for disorderly conduct at 3:24 p.m. Feb. 27 at Mayfair Mall. A person was arrested for trespassing at 7:27 a.m. Feb. 28 at Mayfair Mall. View More

A federal grand jury in Bridgeport has returned a 13-count indictment against two tobacco wholesalers who are charged with defrauding the state of approximately $5.8 million in taxes due on tobacco products imported into the state. View More

A Rhode Island man who allegedly duped a number of banks out of more than $100,000 faced a federal judge on Friday after being arrested on April 10 and charged on four, federal criminal charges. View More

Disgraced former state Sen. Ernest E. Newton II found himself back in trouble with the law Friday after he was busted on campaign finance fraud charges stemming from his failed bid to regain his old seat in Hartford. View More

Three defendants charged with various federal offense in a six-year bank fraud scheme causing $29 million in fraudulent funding have pleaded guilty to their roles, according to a news release from the U.S. Attorney for the Northern District of Texas Office. View More

Two 31-year-old men are charged with seven felony counts each after they allegedly infected an ATM with a virus and stole an unknown amount of cash from Citizens Bank on Shunpike Road over the weekend. View More

The trial of a former Cantor Fitzgerald LP bond trader charged with lying to his clients turned contentious as his lawyer aggressively questioned one of his alleged victims about methods his firm uses to invest. View More

The Connecticut Lottery Corp.’s governing board voted Thursday to hire Gregory Smith, acting director of the Illinois Lottery, as its new CEO in hopes of finding stability after nearly two years of turmoil, recriminations and investigations at the quasi-public agency with a $1.2 billion annual budget. View More

John H. Durham, United States Attorney for the District of Connecticut, announced that ARGENYS RODRIGUEZ, 22, of Springfield, Massachusetts, waived his right to be indicted and pleaded guilty today in Hartford federal court to one count of conspiracy to commit bank fraud stemming from an ATM “jackpotting” scheme. View More

Seniors lose billions of dollars a year to financial fraud, ranging from mass mailings and threatening robocalls, to telemarketing and identity theft. Experts around the country, including Connecticut, are focused on combating the problem. View More

A judge denied a request from prosecutors on Monday to place Harvey Weinstein under house arrest in light of new charges against the movie producer that carry a penalty of life in prison if he is convicted. View More

An Arkansas lawmaker was arrested Thursday on six felony charges after authorities said he failed to file income tax returns for 15 years and owes nearly $260,000 in back taxes, penalties and interest to the state. View More

Three bond traders escaped relatively unscathed Thursday from a closely followed trial in Hartford where federal prosecutors argued that they deceived customers about securities prices to earn more for themselves and their company, Nomura Securities International. View More

A one-time Buffalo Grove business executive and his former escort-turned-girlfriend have been indicted on six counts of wire fraud after they allegedly spent $5.8 million from a suburban company to fund a lavish lifestyle. View More

The real stars of Real Housewives of New Jersey, Teresa Giudice and Giuseppe “Joe” Giudice, were indicted in 2013 on 39 counts of conspiracy to commit mail and wire fraud, bank fraud, making false statements on loan applications and bankruptcy fraud. The couple originally pleaded not guilty claiming they were unfairly targeted as celebrities. The indictment alleged that they intentionally concealed businesses they owned and concealed their income. There were separate charges against Joe for failure to file federal income tax returns for 2004 through 2008. View More

Jeff Elliott dreamed of telling the story of his son's triumph over a life-threatening brain tumor on the silver screen. And in Christopher Eberts, an independent producer who had made films with Bruce Willis, John Travolta and Nicolas Cage, he believed he had found the person who could make it happen. View More

Cub Scout Pack 599 in Hales Corners has been living financially month-to-month for the past few years, unable to offer discounted attendance at outings or even give out certain activity patches. View More

A father and son from Pennsylvania, charged earlier this year in a Connecticut bank fraud scheme, have been arrested for using other people's identities to register trade names in Somerset County. View More

The state employee who manages fraud investigations for the state welfare department was charged with fraud himself Wednesday for lying about his assets on an application to refinance his home mortgage. View More

Anorthwest suburban man has been sentenced to 13 years in federal prison and ordered to pay $3.6 million in restitution after pleading guilty to wire fraud in a multiyear scheme to bilk credit card issuers. View More

A former New Haven-based bankruptcy attorney is now behind bars for admittedly stealing nearly $3.5 million from his clients. A judge on Friday sentenced 70-year-old Peter Ressler of Woodbridge to more than five years in prison. View More

A 46-year-old Connecticut man was arrested on Monday, May 7 on a criminal complaint charging him with bankruptcy fraud, identity theft, and conspiracy to commit bankruptcy fraud and identity theft. View More

The legal problems for a man facing a felony bank fraud charge in connection with a highly touted Louisiana development project became more complicated after he showed up for his arraignment. View More

A former Roanoke bankruptcy attorney — disbarred in Virginia in 2009 and arrested last month in Lima, Ohio — destroyed her own fingerprints in an attempt to obscure her old identity, even as she was in the process of creating a new one, investigators say. View More

More than a year ago, Danene Yokeum discovered a $50,000 insurance check intended for her was cashed by someone else, leaving her high and dry after she was seriously injured in a traffic crash that wasn't her fault. View More

Dreams of a new kitchen turned into a nightmare for many Colorado homeowners who collectively paid a local contractor hundreds of thousands of dollars, only to see him take the money and run.
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The former CEO, CFO and an executive director of a publicly traded health care services company were charged today with allegedly orchestrating a widespread scheme to defraud investors and others out of hundreds of millions of dollars in connection with a merger transaction designed to convert the company into a private entity, U.S. Attorney Craig Carpenito and Acting Assistant Attorney General John P. Cronan of the Justice Department’s Criminal Division announced. View More

Abby Lee Miller is a free woman — to a certain extent. The Dance Moms alum was released from federal prison on Tuesday, March 27, a source tells Us Weekly exclusively. She is currently en route to a halfway house in California. View More

On Saturday, April 14, 2018 at about 1:30PM, Pasadena Police Officers responded to a call of a bank robbery that just occurred in the 2300 block of East Colorado Blvd. US Bank was targeted and is located inside the Von’s supermarket. View More

Arrests in connection with an alleged $200 million global credit card fraud ring offer an important reminder about gaps in cross-channel and cross-account fraud detection, says one anti-money-laundering expert. View More

Zelle is an app that is supposed to make it easy and safe for you to send money to friends or relatives. But some consumers who never signed up for Zelle said strangers are using the service to steal money in a matter of seconds. View More

The new accusation, related to a property Manafort owns in the Washington suburb of Fairfax, Virginia, comes on top of the indictment against Manafort last October for money laundering and failure to register as a foreign agent. View More

Prosecutors say a Montana Tech teaching assistant was part of a fraudulent scheme to acquire big quantities of clothes from Joseph A. Bank, Lands’ End and other retailers and have them shipped to his home African country of Ghana. View More

FBI special counsel Robert Mueller's office has told a federal judge it has found evidence former Trump campaign chairman Paul Manafort committed bank fraud not addressed in an indictment last October, Politico reported. View More

Five people were arrested and a sixth was being sought after the FBI raided an apartment complex in Hollywood on Tuesday in connection with an investigation into crime ring that installed devices into ATMs to harvest credit card data, officials said. View More

A well-known Frisco wealth manager who hosted a radio show called Dollars & Sense was arrested and booked into Collin County jail on Monday on charges of more than $6 million worth of fraud, money laundering, theft and engaging in organized criminal activity. View More

Allegations that several wealthy families in Lakewood scammed public assistance programs out of million of dollars has put a spotlight on the services that only are meant for the poorest in New Jersey. View More

A Naples woman was arrested for trying to swindle her car insurance company out of money from vehicle damages she claimed was sustained during hurricane Irma, the Collier County Sheriff's Office said in a report. View More

A Colorado Springs financial adviser is accused of forcing his way into the home of teenage girl and strangling her last week. David A, Wismer III, age 51, was arrested Saturday on three felony counts including first degree assault, first degree burglary and stalking. View More

On a chilly October night in a Denver suburb, two men entered a small credit union’s after-hours vestibule, pried open the ATM and took out the hard drive, then reconfigured the machine to spit out $24,000. View More

A fake credit card factory in a Hialeah condominium capable of cranking out 1,000 pieces of fraudulent plastic per day operated as the foundation of a nationwide scam, according to federal prosecutors. View More

A New Jersey sovereign citizen has been arrested for filing fraudulent liens against four public officials, the first time an individual has been charged under a state statute enacted in May 2015, which makes the filing of such liens a criminal offense of the second degree. View More

Democratic Rep. Debbie Wasserman Schultz has fired an information technology staffer following his arrest on a bank fraud charge at a Virginia airport where he was attempting to fly to Pakistan. View More

Bahman Bobby Behzadi, 54, of Bedford was arrested in Lubbock on Friday for a federal bank fraud charge in Los Angeles. He was also charged with identity theft. Court documents were made public in Lubbock federal court on Monday. View More

Arrest warrants have been issued for five members of what authorities are calling the “Felony Lane Gang,” believed to be responsible for a series of financial crimes linked to vehicle burglaries in west suburban Naperville. View More

Self-titled “Rehab Mogul” Christopher Bathum will stand trial on charges of fraudulently billing companies $176 million, one of the largest criminal cases against an addiction facility in state history, a judge ruled Tuesday. View More

For Daryl Gene Bank, a self-described financial guru and best-selling author who graduated from a Chesapeake high school, the troubles were piling up. He had been banned from working as an investment broker. State regulators had claimed that he defrauded investors out of $21 million. And he had agreed to pay any “ill-gotten gains” in a federal complaint brought by the Securities and Exchange Commission. View More

The Securities and Exchange Commission announced Thursday that they have settled charges against operators of a Redding real estate investment business who allegedly engaged in a years-long scheme to bilk hundreds of investors out of millions of dollars. View More

Four senior citizens, including an 82-year-old Santa Rosa man, are suing a chain of residential care facilities founded by Sonoma County developer Bill Gallaher, accusing his company of fraudulent practices that allegedly deprived them of needed care and exposed them to risk of injury. View More

Controversy around the FCC’s Broadband Deployment Advisory Committee (BDAC) continues to swirl as one of the group’s advisers was arrested last week on claims that she lured investors into providing funds for what appears to be a multimillion-dollar investment fraud scheme. View More

A Diamond Bar woman who formerly worked as an Ameriprise financial adviser was arrested Wednesday by special agents with the FBI after an eight-count indictment was returned earlier in the week, according to the U.S. Attorney's office. She is expected to stand trial June 12 in Santa Ana on federal fraud and money laundering charges, and if convicted, could face up to 20 years in federal prison on each of the fraud counts, 10 years on the money laundering count, and 5 years on the obstruction of justice charge, prosecutors said. View More

The Birmingham division of the U.S. Secret Service Financial Crimes Task Force made five arrests after investigating a group of women suspected in a fraud scheme known as the "Cash-Cash Scam." View More

Jurors returned guilty verdicts Monday against two former Sonoma Valley Bank executives and a Santa Rosa attorney for their roles in a $35 million real estate loan scandal that caused the institution’s collapse in 2010 and cost many elderly investors their retirement savings. View More

The former chief financial officer of Autonomy Corp. has been convicted of one count of conspiracy, fourteen counts of wire fraud and one count of securities fraud by a federal jury in case that cost Hewlett-Packard billions of dollars. View More

The Economic and Financial Crimes Commission has arrested Dr. Ngozi Olojeme, the Deputy Chairman, Finance Committee of the Goodluck Jonathan Campaign Organisation in the 2015 presidential election, The PUNCH has learnt. The suspect, who served as the Chairman of the Nigeria Social Insurance Trust Fund from 2009 to 2015, was, in June, declared wanted for allegedly diverting N69bn from the agency. View More

The nation's largest auto finance company has dropped its lawsuit against auto dealer Russ Darrow over loans to what turned out to be straw buyers of luxury vehicles destined for China via a con man's business. View More

A Collin County hospice owner who allegedly told nurses to overdose patients and make them "go bye-bye" to maximize profits was arrested Friday and accused of violating a judge's order by gambling while waiting for his trial. View More

A lawyer accused of helping pharmaceutical entrepreneur Martin Shkreli cover up financial fraud was convicted on Wednesday, a result a prosecutor said should send a “powerful message” through the legal profession. View More

Police are issuing a warning to the public Friday following the takedown of an identity theft ring in Washington County, affecting more than 300 people and leading to the arrests of three suspects with fraud skills so cunning that they were initially booked into jail under their alleged victims’ names. View More

A guilty plea from a lawyer who had fled the country gave investigators the information they needed to lay charges against four men in a $17 million alleged mortgage fraud involving high-end Toronto properties, police said Tuesday. View More

Federal authorities have accused a group of Corvallis-area residents of running a credit card fraud scheme and using the funds to run an interstate marijuana distribution operation, according to the U.S. Attorney's Office for the District of Oregon. View More

A California couple has been booked into the Ada County Jail after Meridian Police officers say that found numerous counterfeiting machines, fraudulent gift and debit cards, printed checks, and a fake driver’s license in their motel room. View More

Eagle police arrested Babajide Ayowole Ogunnubi, 38, of Nigeria, on felony racketeering and theft charges for his part in a classified ad scam involving the local newspaper and a Walmart in Beaumont, Texas. View More

A former Travis Credit Union employee was arrested Wednesday for allegedly robbing several Sacramento-area banks under the pretense of having a gun and using confidential information to steal from customer accounts. View More

San Clemente insurance agent, arrested for defrauding the elderly, had child pornography possession conviction from 1996 he did not disclose when applying for licenses, Department of Insurance says View More

Here are some notable incidents that have taken place since our last biweekly recap covering SFPD's Central District, which encompasses Chinatown, Financial District, Embarcadero, Russian, Telegraph and Nob Hills, North Beach, and Union Square. View More

The group alleged that persons behind the controversial Calabar Port dredging contract currently being investigated by Economic and Financial Crimes Commission were behind the probe into the alleged infractions in the award of the contract of Warri Port dredging project by the House of Representatives because of “vested interest” View More

Criminal charges have been filed against a former S.S. Lane Victory treasurer — who was also the newlywed wife of the then-executive director — in a 2015 financial scandal that rocked the museum ship in San Pedro. View More

Two brothers who police say defrauded numerous landlords in a home rental scam, including lying about their backgrounds and not paying rent for months at a time, causing the landlords significant financial loss and damage to the properties, have been charged with more than 40 felony counts between them, authorities said Monday. View More

Shortly before Jennifer Wilson and her son, Coty, left the family car on a Red River bridge in north Bossier Parish last week, a large amount of money was withdrawn from a bank in the form of a cashier's check, authorities said. View More

Sheriff Kevin Cobb says David Johnson of Rayville, and Lakendria Goings of Monroe knocked off the Winnsboro State Bank in Gilbert in broad daylight. Cobb says they were armed with an AR-15 and semi Semi-Automatic handgun. View More

The prosecuting affidavit establishing probable cause in the case of Shane & Lara Pigue and their alleged bookkeeper Kimberly McClendon, says the investigation into the Pigue's started with the discovery of irregularities with "how money was being spent from the bank accounts of Kendall Shane Pigue and Lara Lynelle Pigue for the Wally Hall Tournament of Champions. View More

A federal grand jury has indicted a Maryland businessman for allegedly scheming to fraudulently obtain $50 million in bank financing for his company and diverting some of the money for personal use. View More

An Arkansas woman who worked for a county judge admitted Monday to charging nearly $200,000 worth of personal items to a county credit card, including a tuxedo for her dog, court records show. View More

A local man and woman are facing numerous felony charges related to theft and fraud after they allegedly stole a woman’s purse from her car and used debit and credit cards to purchase goods and obtain cash. View More

Caddo Parish Commissioner Lynn Cawthorne was indicted Thursday on charges he diverted money from a federal child-nutrition program to his own use. Federal prosecutors said more than $536,000 was stolen over a four-year period. View More

The Texarkana Texas Police Department arrested Ulysses Morgan, 40, of Texarkana Texas, for Debit Card Abuse on Monday afternoon after he used a debit card programmed with stolen account information at a local car wash. An additional charge of Fraudulent Use of Identifying Information was added this morning. View More

Four former Fayetteville Health and Rehabilitation employees are accused of spending $14,000 from a company account on personal items instead of buying supplies for the facility, according to a probable cause affidavit. View More

A former charity executive and Arkansas lobbyist has been indicted for his role in a nearly $1 million bribery conspiracy involving a Missouri health care organization, according to the U.S. attorney’s office for the Western District of Missouri. View More

Holly Hansen allegedly stole $99,242.86 from the chamber – and covered her tracks by bilking the City of Brighton out of $112,295.72 that ended up in the organization’s bank accounts, according to the documents. View More

U.K. banks still aren’t telling regulators about all the cyber attacks on the financial services industry despite a ten-fold increase in reports to the Financial Conduct Authority over the last four years.
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The U.S. Treasury Department took the severe step Tuesday of proposing to ban Latvia’s third-biggest bank from the American financial system, saying it helped process illicit transactions, including for entities with alleged ties to North Korea’s ballistic missile program. View More

A Highland man with a history of identity theft was arrested Wednesday by the Lone Peak Police Department on reports of stealing a deceased woman’s financial information and making countless fraudulent purchases on her accounts. View More

FBI and Phoenix police officials have arrested a man suspected to be the “Blues Bandit”—a serial bank robber who gained notoriety across the Valley for his tailored suit, fedora hat and square-framed glasses. View More

On a warm day in May, agents from the FBI and the U.S. Postal Inspection Service descended on a leafy neighborhood in South Carolina and raided the home of a DJ suspected of using fake identities to obtain 558 credit cards from Capital One Financial Corp. View More

Angola’s state prosecutor plans to charge the son of former President Jose Eduardo dos Santos with fraud for allegedly transferring $500 million from the country’s central bank to the London branch of a Swiss bank, MFM Radio reported. View More

Rap artist and actor DMX pleaded guilty on Thursday in federal court to avoiding paying $1.7 million in taxes from 2000 to 2005 by shifting money among accounts belonging to managers and associates. View More

Even as Royal Bank of Scotland Group Plc said Wednesday it would pay $5.5 billion to settle a U.S. lawsuit over its crisis-era mortgage-bond business, it told investors that another big bill may be on the way. View More

A teacher responsible for operating the radio station at the East Valley Institute of Technology has been indicted on fraud charges after investigations by the Arizona auditor general and attorney general. View More

Two Nigerians, implicated in a conspiracy last year to file fraudulent tax returns with stolen personal identification information from 100s of state of Vermont employees and other government workers, have agreed to plead guilty, court records show. View More

Latvia’s anti-corruption agency says it suspects the nation’s central bank chief of demanding and receiving bribes of at least 100,000 euros ($125,000) and has started a criminal investigation against him. View More

Christian Bittar, a former star trader for Deutsche Bank AG, pleaded guilty to conspiring to rig the benchmark rate known as Euribor, a key moment in one of the U.K.’s biggest banking scandals. View More

Serious financial crime causes major harm to Australian businesses and individuals, and reduces government spending on essential services, infrastructure and education programs due to the loss of government funds through fraud. View More

Five people, including three from Union County, were arrested Tuesday in connection with allegedly using fake money orders, cashier’s checks, receipts and other fabricated documents to fraudulently pay for mortgages, student loans and other financial obligations. View More

HSBC said Monday that U.S. authorities were preparing to dismiss criminal charges against the bank, five years after it reached an agreement to avoid prosecution related to lapses in its money-laundering controls. View More

Special counsel Robert Mueller's office dropped more potentially damning details -- from an allegation of "additional criminal conduct" to personal financial troubles -- in a response to Paul Manafort's request to change his bail proposal on Friday. View More

Was the way Wilmington Trust Corp. counted bad loans a decade ago part of a multimillion-dollar fraud perpetrated by top executives to enrich themselves — or was it just business as usual for American bankers? View More

An ex-Morgan Stanley assistant vice president who stole $3 million from a widowed client in Arizona in a sham real-estate scheme has been sentenced to 24 months in prison and three years parole, according to federal prosecutors. View More

A Phenix City man was convicted Thursday of two stolen identity refund fraud schemes by a federal jury sitting in Montgomery, according to a release by Acting Deputy Assistant Attorney General Stuart M. Goldberg of the Justice Department’s Tax Division and U.S. Attorney Louis V. Franklin, Sr. for the Middle District of Alabama. View More

A University of Nebraska-Lincoln clarinet professor faces a felony adult abuse charge after police allege she moved more than $83,000 of her mother's money into her personal accounts, according to court documents. View More

Eufaula resident Anthony “Tony” J. Atkins has been sentenced to 63 months in prison and ordered to pay $2.4 million in restitution after being sentenced on Wednesday by the U.S. Department of Justice for the Northern District of Florida in Pensacola for conspiracy to commit bank fraud, four counts of false statements to a federally insured financial institution, bank fraud and mail fraud affecting a financial institution. View More

The Pittsburgh-area man at the center of the federal investigation involving NCAA assistant coaches and student-athletes being paid cash bribes to direct business to financial advisers spent months wearing secret wires to audio and video record meetings at restaurants, exchanged envelopes of cash in bathrooms and secretly recorded telephone calls with unsuspecting conspirators. View More

Slip a fresh $20 bill under the bulletproof teller window of Donnie Anderson’s Medex marijuana dispensary on Century Boulevard — perhaps for a gram of cannabis or some THC-infused toffees — and the legal tender is transformed into something else: drug money. View More

The “Nigerian prince” letter, one of the better-known frauds, is often perpetrated by mysterious figures. But the police in Louisiana say they’ve put a face and a name to a man and charged him with more than 200 counts related to the scheme.
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A former loan officer and branch manager for the IAM Community Federal Credit Union pleaded guilty Monday to financial institution theft and has agreed she owes about $1.5 million in restitution. View More

Lloyd Blankfein was a breezy opening act at a big industry event this week in Key Biscayne, Florida. On stage at the Ritz-Carlton the chairman and chief executive of Goldman Sachs was talking about Marcus, the bank’s new online savings and lending platform, which is targeting borrowers with scores as low as 660 on the 300-850 Fico scale. Goldman calls such people “creditworthy”; others call them subprime. View More

An Athens woman remained jailed Friday in Limestone County for allegedly stealing a checkbook and credit card from an elderly woman and buying $12,000 worth of items for her dealer in exchange for drugs, an official said. View More

Hip-hop has become a cultural powerhouse that fuels everything from fashion to corporate profits. They rap in beer commercials. Politicians come to Jay-Z for endorsements. With all its faults, more than any form of art that ever existed, hip-hop has always openly acknowledged the most powerful force in America: Money. View More

Fintech startups aim to disrupt current practices and to do it fast. The emerging business model requires product managers find a buyer need, put out a minimum viable product, and iterate change in response to customer use. View More

Two Vermont women accused of robbing two banks in Virginia were caught after authorities say they tracked them down thanks to a GPS device a teller slipped in with the money handed over during one of the heists. View More

Federal prosecutors this week charged a Mississippi man with stealing government property by defrauding an Alabama bank that received money through the Troubled Asset Relief Program following the 2008 financial crisis, announced U.S. Attorney Jay E. Town, TARP Special Inspector General Christy Goldsmith Romero, and FBI Special Agent in Charge Johnnie Sharp Jr. View More

A Shelby County woman was sentenced Wednesday to 25 months in prison for fraudulently raising more than $260,000 by falsely portraying herself as a terminal cancer patient from 2014 to early May 2017. View More

The Better Business Bureau of North Alabama has received numerous calls from consumers who reported receiving an unexpected charge on their checking account. The charge was debited via electronic check #161 for $49.95. Consumers who reached out to their bank were told that the money was drafted by a company by the name of Ecom Marketing who does the billing for EverydayBenefits.com View More

An Alabama legislator and a lobbyist who once chaired the Alabama Republican Party were arrested Monday on conspiracy charges related to payments made to another lawmaker to advance an insurance bill, prosecutors announced. View More

Dorita Lynn Clay, one of two women accused of defrauding the owner of Columbus’ Grand Reserve out of more than $600,000, is suing her Wells Fargo bank for showing investigators her financial records. View More

In this Corporate Crime column, Steven M. Witzel and Daniel C. Fishbein focus on recent and novel enforcement actions in the municipal bond space. They survey municipal securities regulatory changes and enforcement innovations geared toward municipal issuers, and look at the future direction for enforcement and regulation in the muni-bond market. View More

The illegal wildlife trade (IWT) is estimated to generate up to $23 billion per annum globally in illicit profits. Remarkably, it is still being treated as a wildlife crime rather than a form of organised crime, ignoring the financial dimension. A financial approach to tackling IWT is urgently needed.
The gulf between high-level rhetoric and effective, committed action to tackle the illegal wildlife trade (IWT) remains wide. View More

For years, employees at the Western Area Power Administration potentially wasted millions of dollars on thousands of questionable – and sometimes fraudulent -- purchases using government credit cards, according to multiple whistleblowers and documents obtained by ABC15. View More

A man who helped write the computer code behind several U.S. lotteries has pleaded guilty to masterminding a scheme through which he rigged the winning numbers for jackpots in several states and collected millions of dollars. View More

Attorney General Ethel Branch announced May 23 that former ToˊNaneesˊDizi Chapter Executive Manager, Priscilla Littlefoot, has been charged by the Navajo Nation Department of Justice in 86 complaints, all relating to a long running scheme wherein she abused her position to divert chapter funds for her own personal use. View More

Yomtov Scott Menaged, who was one of the stars of reality television show ‘Property Wars’, has been sentenced to 17 years in prison and ordered to pay $33.6 million in restitution to victims of a real estate investment fraud. View More

Michael Cohen, the longtime attorney of President Donald Trump, is under federal investigation for possible bank fraud, wire fraud and campaign finance violations, according to three people with knowledge of the case. View More

The Arizona Crime Victim Rights Law Group was recently formed by Randall Udelman of the Udelman Law Firm, and Dan Levey, a long-time and highly respected advocate of victims’ rights in the Valley. There are a number of victims’ advocate groups in the Valley, so Udelman and Levey’s organization has carved out a niche that is sometimes forgotten amid the tragedy of a crime – financial restitution. View More

he Securities and Exchange Commission on Wednesday charged Theranos and CEO Elizabeth Holmes with fraud, capping off a remarkable downfall for a once high-flying company that promised to revolutionize the blood testing industry but instead became a parable for Silicon Valley hype and hubris. View More

Arizona-based bitcoin trader Thomas Mario Costanzo, also known as “Morpheus Titana” on Twitter, was recently convicted with five counts of money laundering by a federal jury in Phoenix on March 28, 2018. View More

Unlicensed Arizona contractor James Servellon, who went on the run after he was indicted on theft and fraud charges in 2015, has been sentenced to 3.75 years in prison and four years of probation. View More

Discussions at RUSI’s Centre for Financial Crime and Security Studies annual conference can inform the future work of the UK’s new national economic crime centre, announced recently by Home Secretary Amber Rudd. View More

A former real-estate investor and "Property Wars" star was sentenced to 17 years in prison for involvement in multiple fraud schemes that targeted more than 200 victims and resulted in more than $30 million in losses, the U.S. Attorney's Office in Arizona said Tuesday. View More

FBI special counsel Robert Mueller's investigation into the 2016 election might not have anything to do with the election any longer but instead where his business financing had come from, the Fusion GPS Founders' wrote in The New York Times op-ed Saturday titled "The Business Deals That Could Imperil Trump." View More

Former Phoenix New Times executives and Backpage.com founders Michael Lacey and James Larkin will be in court this week in connection with a 93-count indictment charging them and five others with conspiracy, money laundering and facilitating prostitution. View More

It was 2011. She was just 7 years old when it started. There were debt collectors calling the house, and other calls from a credit monitoring company about credit cards opened under the child's Social Security number. View More

West Melbourne Deputy Mayor John Tice was arrested Thursday morning on fraud-related charges, accused of diverting a $7,000 check written to the Liberty Bell Memorial Museum and spending the money on Miami Dolphins season tickets, pro football memorabilia, restaurants and personal debt payments. View More

Paul Tucker lured in investors with the promise of building a rehab center in the Bahamas with a “24-hour miracle cure” for drug addiction, but investigators said the center never happened. Now he’s been arrested on felony charges of grand theft, money laundering and selling unregistered securities. View More

Hills was shocked and saddened by the nature and volume of this crime. Hills successfully managed to ensure that this crime had absolutely no effect on our services and payments to our Customers, Business Partners, and Suppliers,” the company’s statement read.
Representatives at Hills, Inc. issued a statement on the incident and credited police and the state attorney's office for helping to uncover the fraud. View More

Bankruptreport.com parent company InnovativeDataSearch, prevails in Federal Court. Calli Hisey Law Offices, inc fails to substantiate any and all claims associated with their initial filing.
The case has been closed. View More

With significant legal decisions being handed down this Friday, July 28, in a State of New York courtroom regarding the bankruptcy filing of the Skip Barber Racing School, Skip Barber the person (president of Lime Rock Park) has issued a statement: View More

Rent-A-Wreck of America Inc. has filed for Chapter 11 bankruptcy in Delaware, saying lengthy and costly litigation with the company's founder had strained its liquidity and forced it into restructuring as operational losses mounted, according to a report by Law360. View More

What’s common for Micheal Jackson, Mike Tyson, Donald Trump, Nicolas Cage and Willie Nelson? Apart from being hugely successful, all have filed for bankruptcy either in personal or business capacity at least once in their lifetime. View More

NEW DELHI: The government has begun work on laying down a process for individuals to be declared bankrupt, which will help them deal with a financial crisis rather than be bogged down by it. The rules being framed will help a defaulter repay the money in a structured way, rather than being forced to cough it up to banks in one go. View More

Shareholders of two Caesars Entertainment operating companies will gather Tuesday at Caesars Palace for a pair of meetings that are expected to be brief but are critical to the resort giant’s emergence from Chapter 11 bankruptcy protection after 2½ years. View More

After recently beginning its third year in bankruptcy court, racking up more than $3.2 million in bankruptcy costs and participating in three court-ordered mediations, the Gallup diocese is on the verge of brokering a settlement with clergy sex abuse claimants. View More

Puerto Rico is sinking in $73 billion of debt. Mired in a long-running depression, the U.S. territory has already cut essential services to bare bones. Puerto Rico can’t fully pay its bondholders without setting off total economic collapse. View More

A case pending before the Court of Appeals for the First Circuit could upend the established rules for paying off student loans. In Murphy v. Dep’t of Educ., et al., no. 14-1691, plaintiff-appellant Robert Murphy principally alleges that the trial court erred in concluding that the plaintiff-appellant’s student loan repayment would not constitute an “undue hardship” under the relevant portion of the Bankruptcy Code. If the First Circuit agrees with Mr. Murphy, certain student loan debt currently excluded from discharge through bankruptcy could become dischargeable, and lenders could be left holding the bag. View More

Popular Raleigh special events company Fresh Affairs LLC has filed for Chapter 11 bankruptcy protection, but owner Lyn Graves says the floral company is still in operation and anticipates no disruption to any of his events already booked for New Year's and into 2016. View More

A golf channel that briefly aired to DirecTV subscribers before shutting down in February has filed for bankruptcy with a $2 million offer for a small piece of its operations: a smartphone app that mapped out more than 35,000 golf courses around the world. View More

The Insolvency and Bankruptcy Bill 2015, tabled in the parliament last week, assumes importance as one of the most important items on the government's agenda after the constitutional amendment bill to roll out the Goods and Services Tax. View More

Lynn Tilton’s Patriarch Partners LLC fired back in its battle over whether it can put into bankruptcy investment vehicles controlled by MBIA that are composed of loans to distressed companies. View More

Rising financial stress in the U.S. energy sector has prompted some suppliers and vendors to take unusual legal action to collect unpaid debts: forcing struggling companies with billions of dollars in debt into bankruptcy. View More

Attorney General Maura Healey is proposing a change to bankruptcy laws that many college graduates would see as a Christmas miracle — allowing student debt to be wiped away if you file for bankruptcy. View More

Bankruptcy sales of Jeff Parsons' personal assets in the last two years raised approximately $2 million toward $20 million in claims allowed, according to a final trustee's report filed this week. View More

The City of Stockton, Calif., can rest easy after a bankruptcy appellate court refused to unravel its bankruptcy plan, finding that upsetting the plan could have a “potentially devastating impact” (Franklin High Yield Tax-Free Income Fund v. City of Stockton (In re City of Stockton), 2015 BL 408028, B.A.P. 9th Cir., No. 12-32118-CMK, 12/11/15). View More

Legal experts say Kathy Jackson could be forced into bankruptcy a second time, because some of the costs orders which form part of her $2.4 million debt to the Health Services Union will remain­ enforceable for 12 years. View More

A debtor who took over his wife's businesses when she developed serious health issues will have to use the business assets to pay off his personal debts (BCL-Sheffield, LLC v. Gemini Int'l, Inc. (In re Tolomeo), 2015 BL 409960, N.D. Ill., No. 1:15-cv-08118, 12/15/15). View More

The Insolvency and Bankruptcy Code, 2015, moved by the NDA government on Monday (21 December) in the Lok Sabha as a “money” bill, is probably more important for the future of Indian capitalism than the Goods and Services Tax (GST) bill on which a lot of political capital has been expended. View More

In July 2014, the Federal Government allocated N630.32bn to all the three tiers of government – Federal, States and Local Governments. In August 2014, N601.65bn was allocated to the states. For September 2015 the figures just released indicate that a total of N389.936 was shared by all the tiers of government; representing drops of 35% and 38% from the August and July 2014 allocations. View More

This week on The Broke and the Beautiful, a home-services start-up endorsed by The Hoff filed for bankruptcy, and an executive who helped re-pitch the concept for “Survivor” after it was snubbed by major networks fighting for profits. Also, “Dance Moms” star Abby Lee Miller might be missing from a few episodes, and “Gossip Girl” star Kelly Rutherford won’t have custody of her kids. View More

A television executive who said he helped Emmy Award-winning producer Mark Burnett re-pitch the concept for “Survivor” after major networks snubbed it is fighting to collect millions of dollars of the reality show’s profits. View More

Each month the Legislature fails to act on Gov. Rick Snyder’s proposals for fixing Detroit Public Schools brings the district a step nearer to a Chapter 9 bankruptcy filing, which now even the governor is calling an option. View More

Colt has announced it is moving out of Chapter 11. Given the current political climate with the AR-15, this brings to mind Dickens’ unforgettable lead to A Tale of Two Cities: “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness …” and it was the epoch of freedom and the season of political demagoguery. View More

The governor of Puerto Rico redoubled threats on Wednesday of a major bond default, as an effort to help the struggling commonwealth use bankruptcy to shed debt headed for defeat in Congress. View More

Bankrupt NHL defenceman Jack Johnson, reduced to clipping coupons as he navigates his way through bankruptcy, has decided not to pursue a lawsuit against his spendthrift parents, according to court filings. View More

CEO Jim Rock said the plan for rescuing Seegrid involved taking the Findlay company into bankruptcy in October 2014, a decision that could have shaken the confidence of customers who purchased the company’s vision-guided industrial vehicles. View More

A company that owns and manages a number of commercial and residential properties in the city filed for bankruptcy protection Monday and its president stepped down after two partners in the company questioned his bookkeeping. View More

As General Motors publicly expressed remorse over its decade-long failure to disclose defective ignition switches, it successfully fought to retain its protection from any lawsuits for crashes that occurred before its 2009 bankruptcy. View More

A Totowa law firm has filed for Chapter 11 bankruptcy protection from creditors, including lawyers from other firms that assisted in legal work on behalf of former Prudential Financial Inc. employees, who more than a decade ago accused the insurer of discrimination and other improper employment practices. View More

In the Kentucky town of Hillview, residents enjoy free once-a-month use of a trash dumpster and a free bluegrass music program every Thursday night. They’re still buzzing about last month’s free winter festival and exotic animal show, which was interrupted when a 70-pound porcupine darted into the ladies’ room. View More

Duluth, Minn., Dec 9, 2015 / 12:26 am (CNA).- The Catholic Diocese of Duluth is filing for bankruptcy protection after a multi-million dollar abuse judgment. The diocese says it aims to provide justice for victims while allowing the work of the Church to go on. View More

The past year has seen a wave of bankruptcies from companies whose products were better at spawning memes than sales. The medium doesn’t seem to matter. SkyMall folded its print catalog, infomercial specialist Thane International filed for bankruptcy in Canada, and online invention crowdsourcing startup Quirky Inc. filed Chapter 11. View More

Former H.J. Heinz Co. chief executive officer Anthony J.F. O’Reilly has been declared bankrupt by a court in the Bahamas, which clears the way to file for an insolvency arrangement, according to the Irish Times newspaper. View More

The owner of an Orlando-based charter school chain that filed for Chapter 7 bankruptcy last spring after abruptly shuttering three schools — including one in Duval County — is apparently still doing business under the same company name. View More

Dec 2 The U.S. judge overseeing the Energy Future Holdings Corp bankruptcy will announce on Thursday morning whether he will approve a Chapter 11 exit plan for the company, Texas's biggest power company, the judge said on Wednesday. View More

The wife of a famous surgeon was left with a fraction of the family probate allowance she would have been entitled to under Texas law after her husband fled to Florida, filed for bankruptcy, and subsequently died under bizarre circumstances. View More

The owner of Black-eyed Pea restaurants in Texas filed for Chapter 11 bankruptcy reorganization Wednesday, saying it has been unable to attract new capital in the last two years and has closed 15 stores in the wake of shrinking profits. View More

It's been nearly two months since Russia first allowed people to declare bankruptcy, and so far it's going as swimmingly as declarations of overwhelming debt possibly can. Earlier apocalyptic predictions of arbitration courts drowning under a tsunami of citizens rushing to settle their financial troubles have not come to fruition. The program's got off to a healthy start, with a reported 2,000 personal bankruptcy applications filed in the law's first 30 days. View More

GRAND RAPIDS, MI – After a harrowing bankruptcy in which Family Christian Stores barely escaped liquidation, the nation's largest chain of Christian gift and book stores hopes shoppers will find a new experience this holiday season. View More

Nov 24 Texas's biggest power company, Energy Future Holdings Corp, has reached a settlement with the last group of creditors opposed to its Chapter 11 bankruptcy plan, increasing the likelihood the plan will be confirmed. View More

Congress has scheduled yet another hearing on the debt crisis slowly destroying the lives of millions of American citizens living in Puerto Rico. If this results in prompt legislative action, we should applaud the exercise of strong, even if belated, leadership. If this results only in more platitudes on a vague need for “structural reform,” then we should notch another failure of our congressional representatives to solve actual problems where real people suffer. Nor will the Obama administration escape unscathed if nothing happens; it is not helpless, so “Blame Congress” won’t work. View More

KINGSTON >> Two weeks before narrowly winning re-election, Third Ward Alderman Brad Will filed for bankruptcy protection in federal court, listing his address as the hamlet of Bearsville in the town of Woodstock. View More

Clark Turner Homes LLC has filed for voluntary Chapter 7 bankruptcy protection, a turnaround for the Harford County developer that once hoped to gain from a projected population boom around Aberdeen Proving Ground amid the military's Base Realignment and Closure program. View More

Gunboat, a provider of high performance, luxury catamarans, announced today that it had filed for Chapter 11 protection under the Federal Bankruptcy Code. Company owner Peter Johnstone reports the decision followed a two year period of adverse business circumstances. View More

Nearly three years ago, James Slattery took the stage in San Diego and addressed the sales staff of Millennium Health LLC, the company he had founded and built into the nation's largest drug-testing lab. View More

Seven months after filing for Chapter 11 bankruptcy protection to avoid foreclosure, the owners of the Woodhaven Country Club in east Fort Worth have worked out a plan that they say keeps the golf course on track and primed for expansion. View More

POUGHKEEPSIE – Now that the New York Military Academy has been sold, the school reopened, and creditors are being paid off, some of the lawyers who worked on the bankruptcy case are looking to get paid. View More

Deerfield Ranch Winery in Kenwood has taken a major step to try and come out of bankruptcy by filing a reorganization plan with federal bankruptcy court in Santa Rosa, a blueprint to pay off creditors, including a claim of $11,750,000 owed to its lender, Rabobank. View More

Buckling under nearly $26 million in debt, East Orange General Hospital has filed for bankruptcy protection – just as it is on the verge of being acquired by a national for-profit hospital chain. View More

Sections of Ontario’s Highway 407 Act frustrate the purpose of financial rehabilitation under the federal Bankruptcy and Insolvency Act, the Supreme Court of Canada ruled in a decision released today. View More

A bankruptcy judge Thursday approved a for-profit hospital chain's $62.2 million bid to buy Saint Michael's Medical Center in Newark, although the hospital's future remains in the hands of the Christie administration. View More

Olga’s Kitchen, a Detroit-area brand that fell on hard times as dining habits changed and shopping malls declined, could be purchased out of bankruptcy by Schostak Family Restaurants, which already owns part of 11 Olga's locations that are not part of the bankruptcy. View More

A U.S. judge on Monday rejected a Chapter 11 plan for Boomerang Tube, a pipe maker for the oil industry, in a bankruptcy that shed light on the aggressive tactics of its private equity owner and hedge fund lender. View More

MILWAUKEE (Reuters) A federal judge on Monday (Nov. 9) approved a bankruptcy plan for the Roman Catholic Archdiocese of Milwaukee that includes a $21 million settlement for 330 victims of sexual abuse by clergy. View More

The Bill seeks to ensure predictability of outcome for creditors by providing an organised process for insolvency resolution that can be initiated by the debtor or its creditors. It also proposes to reduce possible delays in several ways View More

When Anna's Linens Inc. entered Chapter 11 in June, its lender gave the chain just five days to avoid liquidation, making the family-run business an extreme example of a U.S. bankruptcy landscape that's increasingly tilted against retailers. View More

The bankrupt city of San Bernardino will have to produce much more extensive information — at a pace its advisers say will be grueling — before it can clear a vital hurdle in the path of bankruptcy plan confirmation, U.S. Bankruptcy Judge Meredith Jury said Thursday. View More

While the Great Recession left many businesses struggling to stay afloat, bankruptcy lawyers reaped the benefits from a wave of restructuring assignments. These days, the same practice area pros find themselves keeping their creative juices flowing in order to tap into the same workload. View More

The management company behind the recently closed Forest Park Medical Center in Dallas said today that it’s considering filing for bankruptcy reorganization to obtain financing to reopen the hospital. View More

A bankruptcy judge was about to approve Abby Lee Miller’s bankruptcy reorganization plan two years ago, until he saw Ms. Miller’s “Abby’s Ultimate Dance Competition” ads for “The Maniac is Back” and her appearance on “American Idol.” View More

Freedom Communications Inc., owner of The Orange County Register and The Press-Enterprise, filed for bankruptcy protection Sunday as part of a management-led plan to acquire the struggling newspaper company. View More

After guiding Detroit out of debt in the nation’s largest municipal bankruptcy case, retired U.S. Bankruptcy Judge Steven Rhodes is taking on another monumental task: overseeing settlements involving Volkswagen’s emissions scandal. View More

After guiding Detroit out of debt in the nation’s largest municipal bankruptcy case, retired U.S. Bankruptcy Judge Steven Rhodes is taking on another monumental task: overseeing settlements involving Volkswagen’s emissions scandal. View More

Granville “Beaver” Brinkman, the developer of multiple projects in Dickinson including the Hawks Point retirement facility on Dickinson State University’s campus, has filed for Chapter 11 bankruptcy. View More

The Archdiocese of St. Paul and Minneapolis will ask a bankruptcy judge Thursday for a second extension of its deadline to file its reorganization plan, arguing the extra time is needed to address the volume and complexity of sex abuse claims. View More

As Haggen continues the arduous process of reorganizing through Chapter 11 bankruptcy, it’s not just customers and employees who are being impacted but many businesses, including small local companies. View More

Oct 22 One of the top restructuring attorneys in America allegedly misled a judge and should be disqualified from handling parts of the huge Caesars Entertainment casino bankruptcy, according to a court filing by junior bondholders. View More

Relativity Media seemed to solve one problem, but introduced another, this morning in a hearing at U.S. Bankruptcy Court in New York which is weighing its effort to escape from Chapter 11 protection. View More

A court has started the bankruptcy procedure of Chervonohrad enriching factory (Lviv region), the only factory of its kind in western Ukraine, under the suit of the State Fiscal Service of Ukraine, Minister of Energy and Coal Industry of Ukraine Volodymyr Demchyshyn said at a press conference in Kyiv. View More

This week on The Broke and the Beautiful, Abby Lee Miller was indicted for bankruptcy fraud, three sex workers are accusing Relativity Media of not delivering on some promises, Teresa Giudice is writing a memoir, and Colin Hanks’s documentary on Tower Records is finally out. View More

The Ellen Shaw de Paredes Breast Cancer Foundation has filed a voluntary petition for Chapter 7 bankruptcy liquidation as it shifts its focus primarily to breast cancer early detection and screening. View More

City Sports Inc., the retailer launched more than 30 years ago in Boston by a pair of high school friends, plans to shut eight of its 26 stores and sell the rest after filing for bankruptcy protection on Monday. View More

Final approval on a sale of Relativity Media has been delayed after a U.S. Bankruptcy Court judge argued there was insufficient time for creditors to read a proposal to auction off the company’s television business to a group of hedge funds. View More

Patriot Coal Corp. hopes to secure a judge’s permission next week for the latest iteration of its chapter 11 exit plan as well as transactions that would hand the company’s West Virginia mines to new owners. View More

The Kentucky town of Hillview, a southern suburb of Louisville, gave one reason why it filed for bankruptcy: a multimillion-dollar land dispute with a truck driver training school that has been simmering for a decade. View More

A federal judge today ruled against Detroit pension beneficiaries who had appealed the city’s final bankruptcy plan of adjustment, the post-bankruptcy blueprint for city finances and operations after it emerged from the nation’s largest-ever municipal insolvency. View More

The bankruptcy court overseeing the Chapter 11 proceedings of Walter Energy yesterday gave the company a lifeline to negotiate a new reorganization plan with a steering committee of senior secured lenders, extending the company’s ability to use its cash collateral through Oct. 21, according to a court order. View More

Daiichi Chuo KK filed for bankruptcy protection in Tokyo with 120 billion yen ($1 billion) in liabilities, as over-expansion amid plunging freight rates pushed the Japanese shipping line to four straight years of losses. View More

Embattled Relativity Media is looking to sell the chase movie Collide to IM Global for $200,000 and additional possible payments of up to $630,000 in exchange for IMG dropping objections to Relativity’s bankruptcy plan. Papers were filed Saturay in Federal Bankruptcy Court in New York. View More

The University of Fort Hare’s (UFH) appearance before Parliament’s Higher Education Portfolio Committee‚ to shed light on allegations of bankruptcy and of illegally using financial aid scheme money‚ has now been postponed for a second time. View More

Haggen, the beleaguered grocery chain that filed for bankruptcy two weeks ago, announced Thursday that it will close around 100 stores across the Southwest — including its locations in Palm Desert and Rancho Mirage. View More

A judge who’s weighing whether Johnson & Wales University needs to return tuition money following the bankruptcy filing by a former student’s parents wants to know who exactly paid the tuition, the parents or the government. View More

Quirky Inc., an invention startup, filed for chapter 11 bankruptcy on Tuesday, highlighting how tough it can be to successfully pick winners when it comes to consumer products and investment opportunities, Daily Bankruptcy Review reports via The Wall Street Journal. View More

Baoding Tianwei Baobian Group Co., parent company of the solar firm, defaulted in April on a bond payment, becoming first state-owned Chinese firm to do so; bankruptcy filing issued this week as debts mount.
View More

Sever unnamed insiders at Great Atlantic & Pacific Tea Co. took in $9.4 million in bonuses and other extra payments in the year before the supermarket operator’s second bankruptcy filing.Read the Daily Bankruptcy Review article via The Wall Street Journal. View More

Bankruptcy attorney Mark S. Steinberg, of the Miami Law Firm of Mark S. Steinberg, P.A., stresses that no matter one's station in life, no one is immune to bankruptcy, but, fortunately, recovery is possible. The bankruptcy of millionaire rap star/producer Curtis Jackson, aka 50 Cent*, is making headlines; however, according to Steinberg, Jackson is just the latest in a long line of celebrities who filed for bankruptcy and came back stronger than ever. View More

Harvard University’s endowment manager is taking a hit from the collapse of Global Maritime Investments Cyprus Ltd., a hedge-fund-turned-dry-bulk shipper that filed for bankruptcy protection earlier this week. View More

The new bankruptcy code is going to be a reality soon. There is already groundwork done by the new government. A little over a year ago, Finance Minister Arun Jaitley set the stage when he announced an View More

Thomas Bennett, the judge who oversaw the $4.1 billion bankruptcy of Jefferson County, Ala., has retired from the court and taken a job at a law firm, the latest retirement in a noticeable judicial exodus. View More

This is the latest installment in a series of posts Lateral Link’s team of expert contributors. Michael Allen is Managing Principal at Lateral Link, focusing exclusively on partner placements with Am Law 200 clients and placements for in-house attorneys. View More

The Commercial Court of Kalmykia has resumed bankruptcy proceedings at Dalnaya Step, a company that is presumably controlled by William Browder’s Hermitage Capital Management, RIA Novosti reported on Friday from the court. View More

NEW YORK — Donald Trump brags about how well his businesses have fared in bankruptcy. And in fact, no major U.S. company has filed for Chapter 11 more than Trump’s casino empire in the last 30 years. View More

Gun maker Colt Defense and its creditors are close to a deal on a plan to bring the company out of bankruptcy, but if it fails, the business will go on the auction block next month, a company lawyer told a judge on Thursday. View More

We all are familiar with the more renowned articles and amendments of the US Constitution, such as Article Six that establishes the powers of federal government and the first ten amendments that comprise the Bill of Rights including the right to life, liberty and property. View More

The All-Star outfielder, Lenny Dykstra has been sentenced for fraud for duration of 6.5 months in prison. This is because he hid the numerous heirlooms along with baseball gloves from the old days. These heirlooms were part of the bankruptcy filing. However, this led to a wide number of legal problems View More